Meta Materials Inc Leases Office Space At 85 Rangeway Rd In North Billerica, MA
LEASED
$16
Massachusetts
See Similar Deals12,655 SF
Leased 02/02/2020
LEASED
Meta Materials Inc Leases Office Space At 85 Rangeway Rd In North Billerica, MA
85 Rangeway Road
See Similar Deals12,655 SF
Leased 02/02/2020
Summary
MASSACHUSETTS
Price Per Square Foot:$16
Total Square Footage:12,655 SF
Transaction Type:Lease
The office property located at 85 Rangeway Rd in North Billerica, MA has been leased to Meta Materials Inc. The lease transaction was facilitated by brokers Jim Bartholomew & Mike Ogasapian from R.W. Holmes. The property is owned by K&L Realty.
Summary of transaction details
- Property Type: Office
- Lease Date: 02/03/2023
- Address: 85 Rangeway Rd, North Billerica, MA
- Market: North Billerica, MA
- Landlord: K&L Realty
- Tenant: Meta Materials Inc
- Brokers: Jim Bartholomew & Mike Ogasapian - R.W. Holmes
- Asking Rent: $16.50/ft.
- Square Footage: 12,655 SF
Jim Bartholomew and Mike Ogasapian from R.W. Holmes represented Meta Materials Inc in the lease deal. Their expertise in the local market and knowledge of office properties contributed to successfully securing the lease for their client. K&L Realty, the owner of the property, leased it to Meta Materials Inc for a competitive rent of $16.50 per square foot.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$239,374.40
Total Lease Value
$2,393,743.98
Net Landlord Cash Flow$239,374.40
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